Payment leaders, regulators, and developers share successes and outline how to build an inclusive global financial system at the Interledger Summit in Cape Town. Around two hundred banking and fintech leaders, regulators, parliamentarians from seven African countries, payment professionals, and developers gathered at the Interledger Summit recently. Discussions focused on how best to create an inclusive financial ecosystem through open payments. Panelists stressed the urgency of architecting systems that prioritize building an ethical financial system that includes underserved populations globally, drawing on use cases that prove it is not only possible but also economically sustainable. The Interledger Foundation, which aims to foster global digital financial inclusion and equitable access, has developed the Interledger Protocol (ILP).

Source: The North Africa Journal November 07, 2024 10:15 UTC